It said all insurers certified to operate in a specified
risk class shall be viewed and treated by insurance institutions and the insuring public as having equal opportunity, rights, obligations and qualifying financial capacity.
Predicted General
risk class Percent Observed High Low correct Step 1 General High 59 0 100.0
risk class Low 0 11 100.0 Table 8: Classification results of decision tree.
Given that the response variable is binary in nature (violation versus no violation) and that the time variable can be considered continuous within the context of the data, multilevel modeling was applied to assess whether there was a significant difference in the instances of food-based violations being issued between the different
risk class categories.
Novel devices that do not have a predicate are classified in the highest
risk class, regardless of the level of actual risk it poses or the ability of general and special controls to assure safety and effectiveness.
"We are thinking of going to the board to ask for a greater limit so we can increase what we can put into a higher
risk class for a higher return," Vergara said.
As insurance underwriters determine the
risk class of their policyholders, they must consider whether those customers have embraced security best practices for critical infrastructure.
A confidence level (weight) of 0 is assigned to individual risk data which have no use for determining the premium and a level of 1 is given to those individual risk data which completely suffice in order to determine the premium for that
risk class. This means that, if z = 0, we must completely rely on the data from comparable risks when determining the premium for the given class.
Recruited subjects were stratified according to CV
risk class as high ([greater than or equal to] III, i.e., [less than or equal to] 10% risk of major cardiovascular event, [MACE]) versus low risk (< III, i.e., < 10%).
Advisors today are faced with the immense challenge of assessing a client's
risk class in an underwriting environment that seems to change every week.
"The system which I have proposed--for the authorization of the highest potential
risk class of medical devices--is based on the fact that, in the recent past, too many unsafe medical devices, such as hip prosthesis or breast implants for instance, have been inserted into the body of thousands of patients.
The takeover provides PartnerRe with a speciality
risk class it does not currently access, the companya[euro](tm)s president and CEO, Costas Miranthis, said in a previous statement.